What is the meaning of word remunerative?
What is the meaning of word remunerative?
Definition of remunerative 1 : serving to remunerate. 2 : providing remuneration : profitable.
What does non remunerative mean?
Non-remunerative work is a kind of work which is non-profitable in terms of money, i.e. one does not receive money from whatever he/she doing.In such cases, person works for free, may be to gain experience. examples include voluntary work, charity work.
What’s the difference between remuneration and renumeration?
Although “remuneration” looks as if it might mean “repayment” it usually means simply “payment.” In speech it is often confused with “renumeration,” which would mean re-counting (counting again). BUY THE BOOK!
Why is it remunerate and not Renumerate?
Remuneration is a noun that means the act of giving payments for work or services. Renumeration is a misspelling.
What is remunerative and procurement prices?
Remunerative price is otherwise known as a fair and remunerative price. While the procurement price is the price at which the government used to procure from the farmers in order to maintain the public distribution system.
How do you use remunerative in a sentence?
Remunerative in a Sentence ?
- Because Ann really loves money, she will not date a man unless he has a remunerative job.
- The college decided not to renew the professor’s grant because his research had not been remunerative to the school.
What are the 2 types of remuneration?
Remuneration Package Types. In order to understand the various types of remuneration packages, they are broken into two categories: direct and indirect compensation. Direct compensation covers payment methods from salaries to bonuses, while indirect compensation covers benefits and incentives.
What are examples of remuneration?
Definition and Examples of Remuneration Remuneration is the money and other types of compensation an employee or executive of a company receives for their work. It typically includes base salary or wages, bonuses, and commissions and sometimes excludes tips and reimbursement for expenses.
Is Renumerate a word?
Renumerate definition (obsolete) To recount (count again).
How do you use remunerate in a sentence?
1. All the workers will be remunerated for their services at the exhibition. 2. He is poorly remunerated for all the work he does.
Why does the government announce minimum support price remunerative and procurement prices for important crops?
MSP is price fixed by Government of India to protect the producer – farmers – against excessive fall in prices during bumper production years. The MSP is a guarantee price for their produce. The major objectives are to support the farmers from distress sales and to procure food grains for public distribution.
